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Job Description
As part of Risk Management and Compliance, you are at the center of keeping JPMorgan Chase strong and resilient. You help the firm grow its business in a responsible way by anticipating new and emerging risks, and using your expert judgement to solve real-world challenges that impact our company, customers and communities. Our culture in Risk Management and Compliance is all about thinking outside the box, challenging the status quo and striving to be best-in-class.
The Wholesale Credit Risk – Leveraged Finance Team manages the governance framework, policies, limits & thresholds, and monitoring for the portfolio governed by the Interagency Leveraged Lending Guidelines and the OCC’s Heightened Standards for Large Financial Institutions. Individuals work directly with Credit Officers in the Wholesale Credit Risk (“WCR”) organization on the origination and monitoring of Committed Leveraged Finance and other exposures in the Wholesale Credit Portfolio. The Team is part of the broader Wholesale Credit Risk regulatory and strategy group and is also involved in other related strategy projects.
Manage the ongoing monitoring of the Leveraged Financing (“LF”), Heightened Standards (“HS”), and FDIC portfolios including non-pass origination activity
Be the subject matter expert on the Firm’s credit risk systems and policies and the lead contact on the Leveraged Financing and Heightened Standards risk policies in order to provide guidance to WCR teams and business colleagues on regulatory items related to Leveraged Financing, Heightened Standards and FDIC
Ongoing monitoring and governance of the Bank’s Sponsor Portfolio and Direct Lending exposures
Lead implementation of various projects, policy changes and action plans identified to address new business and regulatory requirements around LF, HS, FDIC, Sponsors, Direct Lending etc. with a focus on streamlining and simplifying existing policies and processes across WCR
Manage relevant limits and thresholds framework including notional and stress limits to closely monitor activity and ensure strong governance and controls
Prepare presentation materials on LF/HS for firmwide and WCR senior management, respond to regulatory inquiries, prepare materials and respond to questions from senior management for quarterly JPMC earnings, and address other ad hoc business and regulatory requests
Work with technology, credit risk and other stakeholders to develop and project manage technology enhancements
Minimum Skills, Experience and Qualifications
We are looking for someone excited to join our organization. If you meet the minimum requirements below, you are encouraged to apply to be considered for this role.
5+ years of Credit Risk and/or Leveraged Finance experience
Ability to think holistically, creatively, critically and independently
Strong project management skills and ability to build effective working relationships across LOBs and functions
Strong written and verbal communication skills
Strong technical, analytical, and quantitative skills
Ability to work well under pressure in a demanding environment
Additional Skills, Experience and Qualifications
The following additional items will be considered but are not required for this role
Prior experience in driving large scale transformation projects
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.
The health and safety of our colleagues, candidates, clients and communities has been a top priority in light of the COVID-19 pandemic. JPMorgan Chase was awarded the “WELL Health-Safety Rating” for all of our 6,200 locations globally based on our operational policies, maintenance protocols, stakeholder engagement and emergency plans to address a post-COVID-19 environment.
As a part of our commitment to health and safety, we have implemented various COVID-related health and safety requirements for our workforce. Employees are expected to follow the Firm’s current COVID-19 or other infectious disease health and safety requirements, including local requirements. Requirements include sharing information including your vaccine card in the firm’s vaccine record tool, and may include mask wearing. Requirements may change in the future with the evolving public health landscape. JPMorgan Chase will consider accommodation requests as required by applicable law.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, discretionary incentive compensation which may be awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
Equal Opportunity Employer/Disability/Veterans
